Good Vibrations Shoes Inc (GVSI)

[Major Profits]

My apologies in advance for the rant (I have a thinking problem) but, no, I'm not pissed it's taking so long, not anymore. I'm pissed because I feel like a fool buying into that "GVSI + GS=TSNP 2.0" hype and waited YEARS for that merger "Home Run" when there has been amply opportunities for "profit-taking" triples, doubles and a few singles. I read all the time about "taking profits" in the OTC but here? Nah. Always "Haven't sold a single share!", "Waiting on the merger", etc. Right. And I think it's BS (and yes I do believe in "Fake Longs"!!) So tell me, who's been selling all the shares over the last few years causing the pps to TANK to where is it now? Hell, SUB-PENNY shares were available in September and October of this year!! And what happened on the much-awaited Pink Limited Day and Pink Current Day? THE PPS CLOSED DOWN BOTH DAYS! Why? Well, perhaps some were "taking profits" and NOT "holding for the merger" after all. Ya think? Oh, so being a "long" and holding throughout was "smarter"? Don't think so. (Some might consider the long-term tax benefit a big deal, I don't).

You mentioned this from Warren Buffett.

“The stock market is a device for transferring money from the impatient to the patient.

That's actually pretty funny because Warren Buffett AVOIDED Penny Stocks!

https://www.chroniclecollectibles.com/warren-buffett-on-penny-stocks/

Why Buffett Avoids Penny Stocks

Warren Buffett, one of the most successful investors in the world, has famously avoided investing in penny stocks throughout his career. While penny stocks may seem tempting to some investors due to their low share prices, Buffett has outlined several reasons why he chooses to steer clear of these types of investments.

Gee, I wonder what he thinks of Nano caps?

And this:

https://www.investopedia.com/financial-edge/0210/rules-that-warren-buffett-lives-by.aspx

Rule 3: Pick Businesses, Not Stocks

"If the business does well, the stock eventually follows."

The keyword there is "Businesses"!!! But the "Trifecta" ("REDfecta" to some) are SHELLS and have no business!! Here, in case you missed it:

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=173485444

I agree with that.

And look at the recent moves of YC*RM for example. The pps closed at .0009 on August 19, 2023 but closed at .02 on November 3, 2023. It's now at .006. Would it have been "Smarter" to have TAKEN PROFITS or to have KEPT HOLDING even during the tanking for something better in the future? I say the former! Imo, it's all quite easy to see. (I mistaken posted the $GVSI 1-Year Chart in my previous post, oops. I meant to post the 3-Year Chart, which is here):

$GVSI 3-YEAR CHART


And where do you think all them traders went who were so into this back in 2021 which now don't post? Where'd they go? Do you think they are still holding ALL their shares waiting on that merger but just decided not to post here anymore? I don't! I think some/many of them already took profits (most don't post when they sell!!) and moved on. Okay, there's always the holding on to some "free shares" just in case and, also, what is to prevent them from jumping back in (SUB-PENNY shares were available back in September and October!!!) at the next sign of a big move here? Nothing. Hell, even a complete GVSI NEWB could buy in NOW and be better off then many who bought TWO+ YEARS AGO!

Then there's this trader:

Thats what I do when while waiting on a 80,000% gainer like I saw with GVSI.

Literally laughing all the way to the bank. [July 12, 2023]

Well, I do believe that person front-loaded (.0001 perhaps?) and sold. So how is that person much different than a "flipper" who bought in much higher and took LESS profits (how about 1000-10,000% percent?) but sold just like that person did? Frankly, I don't see much difference at all do you? Okay, there's certainly not stopping anyone from being BOTH a "flipper" and a "long" of course but I just think it's somewhat HYPOCRITICAL to criticize "flippers" while doing much the same thing oneself. The only difference is the length of time one holds those shares is all, but a profit is still a profit regardless!

Oh well, anyhow, in the end perhaps its just about what one feels comfortable doing. Some are better with their emotions than others so are more suitable for a different trading strategy than another might be.

GLTY!!